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Find the Best Small Business Loan Rates Near Me at First Bank

Running A Business 2 min read

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Searching for some of the best rates and the most flexible terms for your small business doesn’t have to take forever. At First Bank, we believe you should spend more time focusing on ways to expand your small business and less time worrying about financing it.

Stop searching for “small business loan rates near me,” and start considering First Bank—where we are dedicated to meeting the financial needs of small business owners. At First Bank, we’re small enough to provide personalized service that you’d expect from your local bank and large enough to offer all the options you need to manage your finances. With more than 100 locations in North Carolina and South Carolina, it easy to find some of the best small business loan rates near you.

Small Business Loan Options at First Bank

First Bank’s loan options provide you with the financing you need in order to be successful in today’s competitive business world. Services we offer include:

  • Business Loans – Infuse your small business with an immediate lump-sum of cash. Expand your business, finance new equipment, or refinance debt quickly and easily.
  • Lines of Credit – Access cash quickly and conveniently so you can take advantage of business opportunities without having to wait.
  • Commercial Mortgages – Take advantage of our commercial real-estate specialists and get help structuring a loan that meets your needs.
  • Construction Loans – Build, expand, or remodel your business with a construction loan approved by our specialized financing team.
  • Business Credit Card With Rewards – Make purchases for your business when you need to with our Mastercard Business Card with Rewards.
  • SBA Loans – One of our SBA loan specialists can structure a loan for your small business when traditional bank financing isn’t the right fit.

Our small business banking options don’t end there. We offer checking and savings accounts, debit cards, merchant and treasury services, and much more.

Contact or visit a First Bank location to find out about our all of our business banking options, and learn more about small business loan rates near you.


Loans subject to credit approval.

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Small Business Loan Requirements in North Carolina Small business loan requirements in North Carolina can vary from one year to the next, from one lending institution to the next and simply from one case to the next. There are however, a lot of common myths about small business loan requirements that are worth debunking. Here are 10 common myths about small business loan requirements and the real truth behind them. Top Ten Business Loan Myths Small business loans are only for new businesses. Fact: At places like First Bank, business loans can be used for expansion or remodeling, purchasing new equipment or vehicles or refinancing.* It costs money to even just meet with a loan consultant. Fact: This might be true at some places but First Bank offers free small business financial consultations. Sign up for one in just minutes. You need a near-perfect credit history to obtain a small business loan. Fact: While your credit history will always be considered when applying for any type of loan, a less-than-ideal credit score does not mean you can’t get a loan with a solid business plan in place. A small bank will charge higher interest rates. Fact: Not at First Bank. Our business loan rates are competitive against any size bank. Local banks have fewer loan options than national banks. Fact: Actually, First Bank offers credit lines, business credit cards*, and commercial mortgages in addition to traditional business loans. You need to have a building to house your business in order to get a small business loan. Fact: Not so. In fact, not having a physical location reduces your overhead costs and therefore can actually improve your chances of getting a loan. The terms associated with small business loans are strict and cemented in stone. Fact: First Bank’s terms are flexible and customized for each individual case. The economy doesn’t rely on small businesses. Fact: Small businesses are a huge component of both local and national economies thanks to a number of factors. It’s hard to find a bank that offers small business loans. Fact: There are more than 100 First Bank locations throughout North Carolina so wherever you are located, we’re not far from you. Local banks can’t help you manage your business. Fact: In addition to providing 3 min read